101 N State St Lizton, IN 46149

This fee-simple retail property offers a compelling investment opportunity. Located at 101 N State St, Lizton, IN 46149, this 9,026 square foot Dollar General store sits on a 1.37-acre lot in Hendricks County, a rapidly growing area within the Indianapolis MSA. Built in 2011, the property boasts a 100% occupancy rate with a NNN lease in place, expiring June 29, 2026, leaving zero landlord responsibilities. The current annual rent is $80,442.58, with a 10% increase scheduled in approximately three years, and further 10% increases at each five-year renewal option. The lease is corporately guaranteed by Dollar General Corporation, holding an investment-grade credit rating of BBB. The property's strong performance is further supported by a 6.80% cap rate. This prime location at a main intersection in Lizton, Indiana, combined with the long-term lease and built-in rent escalations, presents a stable and appreciating asset with significant potential for future growth. The lease commenced June 30, 2012, and offers a remaining term of three years. This is a rare opportunity to acquire a well-performing, low-maintenance retail investment in a high-growth market. Place AI ranks this as the best Dollar General location in Hendricks County and in the top 70% in Indiana. Asking price is $1,185,000.